Studio Condo for sale at The Trio Condominium

(1 Review)
Chang Phueak, Mueang Chiang Mai,Chiang Mai
Unit ID: U150687
7% Rental Yield
Studio Bedroom
1 Bathroom
48 SqM Size
15 Floor
Sep 2008 Completed

About This Condo

This property is a 48 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Trio Condominium project in Chang Phueak, Chiang Mai and was completed in Sep 2008. You can buy this condo for a base price of ฿2,200,000 (฿45,833/SqM) and it is also available for long term rentals starting from ฿13,000 per month.

Features

BalconyBalcony

Basic Information

Date Listed Jan 3, 2019
Updated 4 years ago
Property Type Condo
Floor 15
Bedroom Studio
Size 48 SqM
Price per SqM ฿45,833
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Thai Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Mountain View, Garden View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U150687

Price Analysis

Great Price
Estimated market value ฿4,558,967
Great
฿4,390,000
Good
Fair
Above
฿6,810,000
Current asking Price: ฿2,200,000 | Advertised rental rate: ฿13,000/mo
This condo is ฿2,358,967 BELOW MARKET (-52%) in the Chiang Mai area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Rent
฿13,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
14
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: The Trio Condominium
Developer: N/A
Construction: Completed (Sep 2008)
Floors: 15
Buildings: N/A
Units: 165
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.6 Km
Location: Chang Phueak, Chiang Mai
The Trio Condominium Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
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Frequently Asked Questions

No pets are allowed at The Trio Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from The Trio Condominium and it is 0.6 km away.
Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Mountain View + Great Location make TRIO Condo a favourite
Verified Current Resident, 2 years ago
The "Trio" Condominium is well known as a super convenient location on Huay Kaew road. It has a very clean pool with an awesome view of Doi Suthep mountain, a gym and sauna/steam room plus 3 floors of parking and 24-hour security and a very helpful office and maintenance staff. The rooms are multi-sized from studios through to 2 bedrooms + lounge rooms etc. All have generous balconies that take advantage of the location and view. Built with high ceilings and solid thick walls (for strength and privacy). Because it's close to the mountain, the Trio Condo building itself is always a few degrees cooler all year round; which helps as it looks west; with a nice sunset each afternoon. Most people who rent end up staying a long time or buying.
Chiang Mai
Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Trio Condominium

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